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Re: [ANN]⚡️⚡️ VFCash - New CPU Mining Algorithm finders-keepers ⚡️⚡️
In this case even WHO matters. Filtering new nodes through a master node as is happening in this chain, give super power to a specific node over the society.
The idea of offline mining is brilliant, yet very hard to apply. This project did a promising job so far, but there is some concern about its security and generality. If one day, whoever has access the golden gate (the master node) decides to not accept new nodes or transactions from a specific country or IP range, he/she could simply block the incoming data and society cannot do any thing for that. Society even will not know about that because VFC miners and holder must see network through the master node's eyes.
The idea of offline mining is brilliant, yet very hard to apply. This project did a promising job so far, but there is some concern about its security and generality. If one day, whoever has access the golden gate (the master node) decides to not accept new nodes or transactions from a specific country or IP range, he/she could simply block the incoming data and society cannot do any thing for that. Society even will not know about that because VFC miners and holder must see network through the master node's eyes.
I just talked to Dev, He answered to all my questions and concerns. So I decided to delete all of my previous posts. It is not a self moderated announcement, I myself deleted my owns because they were based on a misunderstanding.
Re: [ANN]⚡️⚡️ VFCash - New CPU Mining Algorithm finders-keepers ⚡️⚡️
Sorry if this is a noobish question, but can my private key be discovered through mining? How do the private keys we uncover by mining already have VFC in them?
Yes and No I am not a dev member, but I had the same question.
The mined keys are special. they have specific angles and the miner is programmed to find this special keys. If you create a wallet with initially no VFC in it you have a wallet that is not minable by official miner.
However one can modify miner to mine not these special rewarded keys (I did this modification just for testing) so the modified miner, mines keys but not rewarded ones. Now technically this new miner can mine a personal wallet like yours but the probability is very vey low for a specific wallet and is very low for any non-zero wallet. Yet it is possible. It depends on how many non-zero wallets are available in the chain.
So my suggestion for you and myself is to have more than one wallet (Just in case
)Re: [ANN]⚡️⚡️ VFCash - New CPU Mining Algorithm finders-keepers ⚡️⚡️
it is weird and interesting. You don't mine coins! you mine keys! what happens if two person find singular keys?
I think we should transfer assets as soon as we find to a fresh wallet (am i right?) it's a race!
I think we should transfer assets as soon as we find to a fresh wallet (am i right?) it's a race!
It is okay to use freeware bootstrap template but due to copypasta from https://karbo.io/ be cautious with this project.
I cannot judge about algorithm, but you are absolutely right about the website ( @avahad and this is not funny at all.)
I run two version of ngind : 0.1.3 and 0.1.4
Apparently they are building two different chains which one of them (0.1.4) is about 9500 blocks longer than the other one.
So when the dev team are/is pretending everything is right, you guys should
1- If you want to mine, use the last version
2- When ever a new version is released, take care about chain branching (It happened once, it can happen in future)
P.S. about 4-5 days ago the difficulty drop from 220kh to about 90 Kh, I think at that time, dev team decided to change their wallet from 0.1.3 to 0.1.4 and a new branch is created. Obviously this is a bug, a new release should not lead to a new branch. The point is when a new branch is created, there was 80~100 kh mining power that was working on nothing! and it continued to mine nothing for days because the dev team ... (I don't want to continue my sentence)
I am a newbie and probably I am wrong. You pro guys (@Avahad @searchain @...) please correct me
Apparently they are building two different chains which one of them (0.1.4) is about 9500 blocks longer than the other one.
So when the dev team are/is pretending everything is right, you guys should
1- If you want to mine, use the last version
2- When ever a new version is released, take care about chain branching (It happened once, it can happen in future)
P.S. about 4-5 days ago the difficulty drop from 220kh to about 90 Kh, I think at that time, dev team decided to change their wallet from 0.1.3 to 0.1.4 and a new branch is created. Obviously this is a bug, a new release should not lead to a new branch. The point is when a new branch is created, there was 80~100 kh mining power that was working on nothing! and it continued to mine nothing for days because the dev team ... (I don't want to continue my sentence)
I am a newbie and probably I am wrong. You pro guys (@Avahad @searchain @...) please correct me
The fact that somebody is working on this project (Releasing new version) is promising But I decided to not mine any more. At the githup it is noted that the pool mining is going to begin at block 300000 Until then I am going to be just a viewer
I think we have two different chains. I mined some blocks but the explorer and the web wallet show a fixed balance for almost 24 hours. So could it be 51% attack?
P.S The dev team should be more active in the topic.
Have the same problems... The explorer and the wallet show different balances...P.S The dev team should be more active in the topic.
Either explorer not work, or I'm mining on the wrong chain...
they released another version. There is no announcement!, i just checked github and saw that. I think the dev team is just one person and he/she doesn't have enough time to explain what is going on ... This doesn't feel right
I think we have two different chains. I mined some blocks but the explorer and the web wallet show a fixed balance for almost 24 hours. So could it be 51% attack?
P.S The dev team should be more active in the topic.
P.S The dev team should be more active in the topic.
I am not familiar with Gas concept nvidia is supported? i see only amd miners
I think it's a CPU coin. Where did you see gpu miners? 
man, i wish i could mine some coins but actually is impossible. The miner and the guide are incomprehensible for a normal user, like me.
You should semplify.
You should semplify.
It is quite simple and actually the difficulty is low now
I am not a pro so lets begin with a windows guide
1- First download the wallet
2- Run the following command in wallet directory
Code:
ngind --data-dir "<<>>" console
3- create an account by the following commandCode:
personal.newAccount()
4- After creating the account start mining Code:
miner.start()
it's done! good luck with mining
you can check your balance by
Code:
ngin.getBalance(ngin.coinbase)
I tried to answer your question...
there are 2 factors in my opinion why your reward is less
point 1, Block reward not again 10 coins because era length its over..
after block reach 100,001 reward decrease 2.5% or 9.75coins per block...
point 2, maybe your block is bad uncle, so reward will be remove but explorer still records it your hit bad uncle block..
Sounds reasonable. Thank you
Re: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For High-Confidential Transactions 🔏
What would you say is a fair payment threshold?
May be I am wrong but I personally prefer 0 payment threshold with fee of 1% (sumo.fairpool.xyz) or 0.1 min payout and 0.5% fee (sumopool.sonofatech.com). 0% fee is interesting for high power miners not amateur ones like me.
Re: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For High-Confidential Transactions 🔏
Found our first block in 12 hours with only 500H/s!
Looks like this should be a lucky pool.
0% fees for the month.
Minimum Payment Threshold is still high for low-range miners like me
Re: [ANN] [CPU mining] Yenten [YTN] [Exchange avilable BTC/YTN]
-Download CPU miner from https://bitcointalk.org/index.php?topic=1326803.0
-run the cpu miner by this command
cpuminer-aes-sse42 -a yescryptr16 -o stratum+tcp://pool.bilbotel.fr:6234 -u YourWalletAddress -p c=YTN -t 1
-t 1: means run cpu miner by just one core, you can change it as you wish
-run the cpu miner by this command
cpuminer-aes-sse42 -a yescryptr16 -o stratum+tcp://pool.bilbotel.fr:6234 -u YourWalletAddress -p c=YTN -t 1
-t 1: means run cpu miner by just one core, you can change it as you wish